Florida CAM Exam WITH ACCURATE
QUESTIONS AND ANSWERS
(VERIFIED ANSWERS) | LATEST
(2026/2027) UPDATED VERSION |
100% GUARANTEED PASS
{JUST RELEASED}
1. A Community Association is generally defined as real or personal property,
owned by two or more entities, which share the responsibility for the costs of
maintenance and administration - ANSWER ✓ True
2. Purchasers of a timeshare plan have a ten day contract rescission period in
which to cancel the purchase - ANSWER ✓ True
3. The Florida Fair Housing Act prohibits discrimination on the basis of
handicap - ANSWER ✓ True
4. A valid Declaration of Condominium must contain easements for ingress and
egress to all units and the common elements - ANSWER ✓ True
,5. Compliance with the Construction Lien Law is very technical and can have an
impact on title to property. Therefore the board should always consult with
the manager regarding lien issues - ANSWER ✓ False. The board should
consult an attorney.
6. Corporate Charter - ANSWER ✓ Articles of Incorporation are also known as
the
7. Establishes the power and authority of the community Association
Establishes the corporate entity that is responsible for management,
maintenance and operation of the community association
Is based in corporate law - ANSWER ✓ Articles of Incorporation ( Corporate
Charter)
8. Florida Not for Profit Corporate Act - ANSWER ✓ FS 617
9. Florida Corporate Act - ANSWER ✓ FS 607
10. Conducting business and Community Association affairs
Operating and managing the association property and assets
Suing and defending against actions
Lending money for association purposes
, Acquiring Property
Entering into contracts and purchasing items that are required for operations
and maintenance
Incurring liabilities
Borrowing funds
Mortgaging community association properties - ANSWER ✓ Powers that are
granted in FS 617
11. Condominium Act - ANSWER ✓ FS 718
12. Form of joint ownership of real property that comprises:
Exclusive ownership of each unit
Joint undivided share of common elements
Required membership in the community association - ANSWER ✓ What is a
condominium?
13. Cooperative Act - ANSWER ✓ FS 719
14. Mandatory Homeowner's Association - ANSWER ✓ FS 720
15. Mandatory contents of a declaration ( condos) - ANSWER ✓ FS 718.104
, 16. Definitions of the corporate entity, powers of association, easements, rights of
access to unit, insurance, official records of the association, community
directory, financial reporting requirements, purchase of units, purchase of
land and recreation leases, operations of condominiums created prior to
January 1, 1977, commingling - ANSWER ✓ FS 718.111
17. FS 718.1124 - ANSWER ✓ Definitions of required contents of bylaws,
including administration, notice requirements, quorum, proxies, voting
requirements, elections, electronic voting, candidate eligibility, director
certificate/education requirements, recalls, arbitration, timeshare
condominium exceptions, board and member meetings, Annual budget
requirements, assessments, amendment of bylaws, transfer fees, director and
officer delinquencies and offenses, common elements ( limited power to
convey to a condemning authority)
18. FS 718.113 - ANSWER ✓ Maintenance requirements, display of flags and
religious decorations, hurricane shutters, and other types of code-complaint
hurricane protection
19. FS 718.114 - ANSWER ✓ Association powers, acquisition of leasehold
memberships and other possessory or use interests
QUESTIONS AND ANSWERS
(VERIFIED ANSWERS) | LATEST
(2026/2027) UPDATED VERSION |
100% GUARANTEED PASS
{JUST RELEASED}
1. A Community Association is generally defined as real or personal property,
owned by two or more entities, which share the responsibility for the costs of
maintenance and administration - ANSWER ✓ True
2. Purchasers of a timeshare plan have a ten day contract rescission period in
which to cancel the purchase - ANSWER ✓ True
3. The Florida Fair Housing Act prohibits discrimination on the basis of
handicap - ANSWER ✓ True
4. A valid Declaration of Condominium must contain easements for ingress and
egress to all units and the common elements - ANSWER ✓ True
,5. Compliance with the Construction Lien Law is very technical and can have an
impact on title to property. Therefore the board should always consult with
the manager regarding lien issues - ANSWER ✓ False. The board should
consult an attorney.
6. Corporate Charter - ANSWER ✓ Articles of Incorporation are also known as
the
7. Establishes the power and authority of the community Association
Establishes the corporate entity that is responsible for management,
maintenance and operation of the community association
Is based in corporate law - ANSWER ✓ Articles of Incorporation ( Corporate
Charter)
8. Florida Not for Profit Corporate Act - ANSWER ✓ FS 617
9. Florida Corporate Act - ANSWER ✓ FS 607
10. Conducting business and Community Association affairs
Operating and managing the association property and assets
Suing and defending against actions
Lending money for association purposes
, Acquiring Property
Entering into contracts and purchasing items that are required for operations
and maintenance
Incurring liabilities
Borrowing funds
Mortgaging community association properties - ANSWER ✓ Powers that are
granted in FS 617
11. Condominium Act - ANSWER ✓ FS 718
12. Form of joint ownership of real property that comprises:
Exclusive ownership of each unit
Joint undivided share of common elements
Required membership in the community association - ANSWER ✓ What is a
condominium?
13. Cooperative Act - ANSWER ✓ FS 719
14. Mandatory Homeowner's Association - ANSWER ✓ FS 720
15. Mandatory contents of a declaration ( condos) - ANSWER ✓ FS 718.104
, 16. Definitions of the corporate entity, powers of association, easements, rights of
access to unit, insurance, official records of the association, community
directory, financial reporting requirements, purchase of units, purchase of
land and recreation leases, operations of condominiums created prior to
January 1, 1977, commingling - ANSWER ✓ FS 718.111
17. FS 718.1124 - ANSWER ✓ Definitions of required contents of bylaws,
including administration, notice requirements, quorum, proxies, voting
requirements, elections, electronic voting, candidate eligibility, director
certificate/education requirements, recalls, arbitration, timeshare
condominium exceptions, board and member meetings, Annual budget
requirements, assessments, amendment of bylaws, transfer fees, director and
officer delinquencies and offenses, common elements ( limited power to
convey to a condemning authority)
18. FS 718.113 - ANSWER ✓ Maintenance requirements, display of flags and
religious decorations, hurricane shutters, and other types of code-complaint
hurricane protection
19. FS 718.114 - ANSWER ✓ Association powers, acquisition of leasehold
memberships and other possessory or use interests
